APEUSDT : Consolidation in Triangle before bullish exit

Previous analysis:

context :

After the recent Token listing the market is evolving within a classic pause range after an eratic raise right after the listing. APE is already providing 28% of its total supply in circulation with a 44 rank place on Coinmarketcap with $3,081,905,630

We can be confortable to see a further trading range with a test of the 14,00$ before a tentative of bullish exit to 17,50 regarding the current historical data projection.

Key Element:

– Action/reaction (back and force move) between key triangle fibonacci ratio calling for Triangle pattern (16,50/9,70/14,80)
– Auto-similar move and fibo extension 22
– Triangle support at 10,20/8,90

From a Risk/rewards perspective and key element 10,20 area is the perfect level to buy the dips and play the upper part of the triangle for short-term player or to wait the Bullish to play a significant upside acceleration towards 17,50 and 21
Enjoy my Friends !